Industry

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Auto News

· Fiat plans to pay less than 200 million euros to increase its stake in Chrysler by 3.3 percentage points to 61.8
· VEBA which is not managed by the union, owns the rest of Chrysler – Fiat can buy a maximum of 3.3% of Chrsyler from the trust every six months, the option expires in 2016

Detroit News

· Double-digit sales gains in Asia and in the US helped lift the automaker’s overall sales by 8.4%
· Sales rose 7.8% in May to 763,800 vehicles
· Sales are strong in central and eastern Europe, North America, and the Asia-Pacific region

Vehicles

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USA Today

· Sport tuned version of the Juke was unveiled at Le Mans
· Nismo uses a tuned-up version of the Juke’s turbo-charged 1.6-liter four-cylinder
· The version gets also sportier handling
· It will have a body kit with lower front and rear bumpers, wider wings, and side skirts, and a unique grille and a new tailgate spoiler
· Pricing hasn’t been announced it will go on sale in Europe in January and then Japanese and US markets will follow